*Official* Forex Trading thread.

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Mr.Canberra

Mr.Canberra

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EUR/USD

Wow and the rally continues! :eek:

While my EUR/USD is recovering (30+ pips more to go) but my USD/CHF plunged (-78 pips)! :s22:

Just look at USD/JPY as one of the better examples. From 4pm until now it is one way direction going up!

Reminds me of last year before US Presidential Election. Just click BUY and collect money as it is a one way traffic haha! Bro awful999, another bro and me were laughing our way to the bank for almost 2 weeks. :s13:

Yellen jie jie is speaking at 1am. This will be the finale to the rally haha. Price may prata. :D
 
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awful999

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Mr.Canberra said:
Wow and the rally continues! :eek:

While my EUR/USD is recovering (30+ pips more to go) but my USD/CHF plunged (-78 pips)! :s22:

Reminds me of last year before US Presidential Election. Just click BUY and collect money as it is a one way traffic haha! Bro awful999, another bro and me were laughing our way to the bank for almost 2 weeks. :s13:
Click to expand...

long lost bro neo right ? wonder how is he now :s22:, hope he is well
 
Mr.Canberra

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awful999 said:
long lost bro neo right ? wonder how is he now :s22:, hope he is well
Click to expand...

Yes bro neoartz. Hope all is well for him. Suddenly just MIA without saying goodbye. :)

Last year was so fun. We are the 3 stooges haha. Without fail all fall in at the General Market Chit Chat thread before London session starts. That time this thread not started yet. Until one point some people complain our Forex cock talking is polluting that thread. Only when Daimon kor kor started Forex Trading thread then we all shifted here. :s13:
 
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Jedihan

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Mr.Canberra said:
Wow and the rally continues! :eek:

While my EUR/USD is recovering (30+ pips more to go) but my USD/CHF plunged (-78 pips)! :s22:

Just look at USD/JPY as one of the better examples. From 4pm until now it is one way direction going up!

Reminds me of last year before US Presidential Election. Just click BUY and collect money as it is a one way traffic haha! Bro awful999, another bro and me were laughing our way to the bank for almost 2 weeks. :s13:

Yellen jie jie is speaking at 1am. This will be the finale to the rally haha. Price may prata. :D
Click to expand...

Ya la. Hand itchy went to prata and short. Now burn. Going to cut before i sleep
 
awful999

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Mr.Canberra said:
Yes bro neoartz. Hope all is well for him. Suddenly just MIA without saying goodbye. :)

Last year was so fun. We are the 3 stooges haha. Without fail all fall in at the General Market Chit Chat thread before London session starts. That time this thread not started yet. Until one point some people complain our Forex cock talking is polluting that thread. Only when Daimon kor kor started Forex Trading thread then we all shifted here. :s13:
Click to expand...

haha ya we were chased out and come here :s13:, then Daimon korkor got banned :s22:

Still continue scalp UJ, but going to stop soon haha , I am scared liao, too long the rally :s11:
 
Mr.Canberra

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EUR/USD

Jedihan said:
Ya la. Hand itchy went to prata and short. Now burn. Going to cut before i sleep
Click to expand...

Oh no never go against the mainstream trend. :s22:

Until end of this year EUR/USD is bullish bias. My call since few months ago is so far correct. Today finally broke 113.0.

awful999 said:
haha ya we were chased out and come here :s13:, then Daimon korkor got banned :s22:

Still continue scalp UJ, but going to stop soon haha , I am scared liao, too long the rally :s11:
Click to expand...

I think Daimon kor kor got banned for trolling on EDMW.

I believe the rally will continue for a few more days. Along the way will retrace a bit. My 'force' can sense it. Always like that when the wind blows a certain direction and cause a huge spike or plunge, it will carry on for a while. :s13:

As for Yen this week is a good time to stock up a bit from money changer. :D
 
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happy.milk

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Mr.Canberra

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EUR/USD

Wishdom said:
Short eur usd yesterday and lost big big. Tonight try to short again before auntie yellen
Click to expand...

You are going against the trend. :D

Yellen jie jie finished talking already.

philipsony said:
jin sad, my short at 1.06 about to stop out :s13:
Click to expand...

If you do not stop yourself out then your margin will if balance is insufficient. :D

On a serious note it depends on the brokerage you use.

1) If margin exceeds equity collateral your account will auto burst and closed down. All balances wiped out.
2) If margin exceeds equity collateral your brokerage will inform you to top up margin. Latest by T+2. If not all positions will be forced sold.

Scenario 1 is like opening one Jackpot machine account and punt until account burst. Very often such accounts offer very high leveraging ratios. It depends on your objective. Punting or investing for the long haul?

Scenario 2 is better and most are local brokerages. By that I do no mean those with overseas headquarters but have office in Singapore. Eg. Interactive Brokers, Ameritrade, etc.
 
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Mr.Canberra

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EUR/USD

Mr.Canberra said:
Good gosh EUR/USD finally broke 1.13! :eek:

Tonight got hope to close my stucked position at 1.136071 since 10/10/2016. :s13:

All so quiet. Must be a bloodbath today! :s22:
Click to expand...

Mr.Canberra said:
:s12::s12::s12:

Recover liao! Going to close position soon with cai png profit! :s13:
Click to expand...

Closed EUR/USD position with US$3.53 cai png profit (paid swap interest included).

It has been a long time coming. 8.5 months! NO STOP LOSS STRATEGY. It will eventually come full circle. GBP is the exception pui pui pui! :s13:

EUR/USD is now in overbought conditions on daily chart.
 
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awful999

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Mr.Canberra said:
Hahaha yes KFC profits over decades can also become a fortune! Key point is must be consistent small winnings. It all adds up. This is my strategy. :s13:
Click to expand...

I also start to scalp if got chance to kio bit by bit :s13:
so far today only kio two trade on UJ, about $20 for cai png
 
philipsony

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Mr.Canberra said:
You are going against the trend. :D

Yellen jie jie finished talking already.



If you do not stop yourself out then your margin will if balance is insufficient. :D

On a serious note it depends on the brokerage you use.

1) If margin exceeds equity collateral your account will auto burst and closed down. All balances wiped out.
2) If margin exceeds equity collateral your brokerage will inform you to top up margin. Latest by T+2. If not all positions will be forced sold.

Scenario 1 is like opening one Jackpot machine account and punt until account burst. Very often such accounts offer very high leveraging ratios. It depends on your objective. Punting or investing for the long haul?

Scenario 2 is better and most are local brokerages. By that I do no mean those with overseas headquarters but have office in Singapore. Eg. Interactive Brokers, Ameritrade, etc.
Click to expand...
ok i go stopped out at 1.1365
i have enough to hold abit more, but pointless
better admit wrong call on this pair, and look to short it back down from higher level when time is right

as your suggestion i will kiv until end of this year
if fed really hike then eur look to fall for sure
 
Mr.Canberra

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awful999 said:
I also start to scalp if got chance to kio bit by bit :s13:
so far today only kio two trade on UJ, about $20 for cai png
Click to expand...

Got one pip just kio one pip. Better than none. Money in the pocket first is the most practical in case price prata.

US$20 is not cai png but KFC profit liao haha. :D

You seem to change your strategy to scalping these days? :s13:
 
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